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JULY 2018

 

New Construction at Highest Levels Since 2007

Residential housing starts rose to a 1.35 million pace annually, the highest level since 2007, according to The U.S. Bureau of Labor Statistics and U.S. Department of Housing and Urban Development’s latest housing report. The increase is 5 percent from the previous month, the highest month-over-month increase in 11 years. Private housing completions in May were also up 1.9 percent from the previous month, and 10.4 percent from the previous year.  

 

Homes Selling Quickly and at Higher Prices

In May, homes in Illinois spent less time on the market than a year ago, averaging 49 days down from 52 days. Median prices rose 3.4 percent, up to $215,000 from $208,000 respectively. In the Chicagoland area, median prices also showed an increase of 3.3 percent to $255,000 from $246,910 the previous  year. In the city of Chicago, prices were up very slightly from a year ago, showing an increase 0.1 percent.

 

MoxiWorks Coming to Berkshire Hathaway HomeServices KoenigRubloff Realty Group

Berkshire Hathaway HomeServices KoenigRubloff Realty Group has signed an agreement with MoxiWorks, the cutting edge technology platform. MoxiWorks delivers an interactive and intuitive Comparative Market Analysis (CMA) and offers a robust Customer Relationship Management (CRM) system, along with an extensive suite of tools and services through a single sign-on bridge. Emerging technologies can also be easily plugged-in to the API-friendly open platform.

 
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The Best Summer Side Dishes

Whether you’re heading to a potluck picnic or just looking for something to pair with lunch or dinner, Food Network has offered up their favorite summer side dishes, using refreshing ingredients that combine masterfully with the summer heat and your favorite cold beverage. Their suggestions include grilled lime scallions, corn and tomato spoonbread, orzo salad with shrimp and feta, and a grilled eggplant salad. To read the rest of the delicious recipes on their list, please click here.

 

Fun, Creative Ways to Upcycle

If you’re feeling crafty, many of your daily used items could be turned into fun decorations around the house. This can be especially useful in the summertime to highlight your outdoor plants or lighting. The list includes using glass bottles as homemade citronella, turning your t-shirt into a farmer’s market tote bag, tea cans as planters, and using drink carriers to organize your utensils for a picnic. To read all of the tips, please click here.

 

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Katrina de los Reyes
Real Estate Brokers
kdelosreyes@bhhschicago.com
Office (847) 512-2725
GKChicago.com
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